Patient Lateral Transfer Market Envisions Seamless Growth with a 9.2% CAGR from 2022 to 2030-FMI Study

By the end of 2030, the  patient lateral transfers market worldwide is expected to reach US$ 2 Billion 20232, growing at a 9.2% CAGR.

The likelihood of patients moving and getting lifted from stretchers or bed causing back injuries, strain to caregivers and healthcare workers owing to forceful exertion, repetitive movement, and awkward posture can’t be ruled out.

Patient lateral transfer devices come to the rescue over here.

Patient lateral transfer devices lessen friction during transfer of patients and prove to be equally beneficial for patients.

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Key Takeaways

  • Air-assisted transfer devices held the largest market share in 2019 and the winning streak is expected to continue in the forecast period
  • Asia-Pacific is looked upon as a promising market due to growing awareness about the need for patient lateral transfer devices along with improvement in healthcare infrastructure
  • Covid-19 to escalate the market in the year 2020, and further traction expected with the onslaught of chronic devices
  • Individual product promulgation is a key trend observed in the market

Key Participant Insights

The global patient lateral transfer market exhibits higher growth potential along with key players projecting their brands.

The competitive factors include product differentiation, technology, and competitive pricing.

For instance – McAuley Medical’s Gold Rollboard, Patient Mover Slide Boards, and Handy Rollerboard Accessories, HoverMatt Air Transfer System from HoverTech, Himm-Rom’s HandyTube Manual Transfer Aid and Patient Transfer Board are doing the rounds at present.

The other players are also in the race. As such, there exists fierce competition over here. If players opt for partnerships/joint ventures, the competitive landscape would take a cutting-edge turn.

The players in the patient lateral transfer market include McAuley Medical, Inc., Patient Positioning Systems LLC, HoverTech International, Stryker Corporation (Sage Products LLC), Getinge AB (ArjoHuntleigh), EZ Way, Airpal, Inc., Arjo, Medline Industries, Haines Medical Australia, Sizewise, and Prism Medical.

FMI’s report offers incisive insights on the key strategies of leading and tier II patient lateral transfer market players.

A detailed analysis of business and product strategies is offered in the report.

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Key Segments of Patient Lateral Transfer Industry Survey

Patient Lateral Transfer Market by Product:

  • Air-assisted Transfer Devices
  • Slide Sheets
  • Transfer Accessories

Patient Lateral Transfer Market by Usage:

  • Single Patient Use
  • Reusable

Patient Lateral Transfer Market by End Use:

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centres

Patient Lateral Transfer Market by Region:

  • North America Patient Lateral Transfer Market
  • Latin America Patient Lateral Transfer Market
  • Europe Patient Lateral Transfer Market
  • East Asia Patient Lateral Transfer Market
  • South Asia & Pacific Patient Lateral Transfer Market
  • Middle East & Africa (MEA) Patient Lateral Transfer Market

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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